The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

OPEC report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

The OPEC Reference Basket averaged USD 70.97 a barrel in July 2025, marking a monthly increase of USD 1.24, in contrast, Br ...

"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...

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OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...